![]() Real Estate Owned Appraisals in Plymouth CountyProperties in foreclosure and homes that have returned to the financial institution's holding create various appraisal difficulties. When there is a home in foreclosure, you should differentiate the difference between fair market price and "quick disposition" value to know your likely charge-off liability. John Donahue & Associates has the experience in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your timeline. The professionals at John Donahue & Associates have the qualifications to handle the specific dynamics of a foreclosure appraisal. For a company you can count on, contact John Donahue & Associates. Owners of properties in foreclosure, of course, can present special challenges. They might be opposed to allowing an inspection of the house. They could have left the home already and/or neglected care of the house for quite awhile - or in some cases intentionally harmed the home. You will be interested in an expedited disposition if the home has already changed to REO. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work performed, with the work required to make the house marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your urgency and the unique situation of a Real Estate Owned house, as well as the special information you'll need -- competing listings, neighborhood trends, and the like. You can rely on John Donahue & Associates to handle the appraisal of your REO with expertise and professionalism. Contact us today. |